SolGold Plc (LON:SOLG – Get Free Report)’s stock price was up 14.6% during trading on Friday . The company traded as high as GBX 8.93 ($0.12) and last traded at GBX 8.88 ($0.12). Approximately 19,225,584 shares traded hands during trading, an increase of 289% from the average daily volume of 4,940,285 shares. The stock had previously closed at GBX 7.75 ($0.10).
SolGold Trading Up 12.9%
The company has a debt-to-equity ratio of 78.66, a quick ratio of 2.30 and a current ratio of 3.75. The business has a fifty day simple moving average of GBX 7.07 and a 200 day simple moving average of GBX 6.99. The company has a market cap of £328.16 million, a P/E ratio of -5.35 and a beta of 1.20.
About SolGold
SolGold is a leading exploration company focussed on the discovery, definition and development of world-class copper-gold deposits. SolGold has a first mover advantage in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt, home of multiple Tier 1 copper and gold projects and half of the world’s copper resources.
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